Private equity could be underestimating platform complexities - the lang cat

Private equity on the rise

Sophie King
clock • 2 min read

Platform consultancy the lang cat has questioned whether private equity firms are underestimating the complexity of consolidating platforms, as its latest platform paper discusses the impact of recent M&A activity.

In the consultancy's annual State of the Platform Nation Guide, platform ownership in the private equity world has increased by 13 percentage points over the past five years, now standing at 15% compared to 2% in 2016. On the other hand, life company share of the market, which the lang cat pointed out is still predominantly through Aviva and Aegon, also showed a decrease in assets under administration (AUA), down to 17% this year compared to a higher number of 55% five years ago. The consultancy also argued that while life company shares are still structurally important, publicly trad...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Wrap/platforms

Ross Allan: The quiet strength behind great client outcomes

Ross Allan: The quiet strength behind great client outcomes

Blocking out the noise and focusing on delivery

Ross Allan
clock 08 July 2025 • 4 min read
Aberdeen's Kenny: 'We are not just going to switch Elevate off'

Aberdeen's Kenny: 'We are not just going to switch Elevate off'

Admits adviser communication on Elevate has been lacking

Jenna Brown
clock 10 June 2025 • 4 min read
Schroders UK Platform Awards 2025: Entry closing date fast approaching!

Schroders UK Platform Awards 2025: Entry closing date fast approaching!

Shortlists will be published in early July

Professional Adviser
clock 05 June 2025 • 1 min read